906 Banister LN # 4, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $548,658. To generate strong buyer interest while maximizing value, I'd price this between $320,000 and $330,000. With 3 comparable homes on the market in 78704, this price positions the property as the most expensive of 3 comparable homes on the market. The 2018 construction puts this home 5 years newer than the comp average, a factor in the pricing. At 0.03 acres, the lot is smaller than the 0.09 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in 78704; a buyer's market based on recent absorption. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 410 W Alpine RD # 10, Austin TX 78704 nearby adjusts to $596,041; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group